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Fed Raises Rates to 3.75%-4%, DAX Climbs 0.7% on Rate Decision
Fed raises rates to 3.75%-4% for first time since 2023. DAX gains 0.7% to 25,705 points. One more hike expected by year-end as central bank fights inflation.
Fed Raises Rates to 3.75%-4% for First Time Since 2023; Trump Demands 1%
The Federal Reserve raised interest rates to 3.75%-4% on September 16, 2026, the first hike since July 2023. Fed Chair Kevin Warsh cited elevated inflation and a strong economy. President Trump demanded rates be cut to 1% or lower.
BoM warns super El Niño may not mean extreme summer for Australia
Australia’s Bureau of Meteorology warns that the strongest El Niño on record may not bring extreme summer conditions. Sea surface temperatures could exceed 3°C above average, but rainfall impacts will vary across regions.
EU Offers Canada First-Ever ‘Associate Member’ Status Amid US Trade Tensions
EU offers Canada unprecedented ‘associate member’ status as trade war with US intensifies. Von der Leyen and PM Carney announce closer ties on energy, AI, defence and critical minerals.
Atlantic Hurricane Season Nears Historic Record With Zero Hurricanes by September 16
2026 Atlantic hurricane season has produced zero hurricanes by mid-September, breaking a 175-year record. El Niño and Saharan dust are the main culprits behind the historic quiet.
Pentagon watchdog reveals $3.7B in US military losses from Iranian strikes
Pentagon watchdog report reveals $3.7 billion in equipment losses and damage to US bases in Gulf region from Iranian strikes, including nearly 60 aircraft and hundreds of buildings.
Japan Loses Global Hawk Surveillance Drone Off Tottori Coast, September 15
Japan’s ASDF Global Hawk drone crashed off Tottori Prefecture on September 15 after losing communications. The unmanned aircraft was one of only three operated by Japan, cutting ISR capacity by one-third.
Hyrox Apologises and Changes Rules After Australian Champion Wins While Soiling Herself
Hyrox co-founder apologises after Australian athlete Joanna Wietrzyk won Beijing race while soiling herself. Organisers implement immediate rule changes and deep cleaning protocols.
China Accuses US AI Firms of ‘Coordinated Play’ to Block Competition, September 15
China accuses Anthropic, OpenAI, and SpaceX of coordinated efforts to slow AI development and block Chinese competition. Beijing released its own AI safety framework on September 14.